In recent times, investors who are interested in artificial intelligence related companies have become quite interested in Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX).
The stock was in focus yet again on Thursday and managed to clock gains of as much as 23% amidst heavy action. While it is true that there has been no fresh news about the company so far this month, investors could be wise to take a look at a development with regards to in Artificial Intelligence Technology Solutions’ fully owned subsidiary company Robotic Assistance Devices last month.
Back on July 30, 2021, the company announced that Robotic Assistance Devices received another order for three units of its product ROSA 180 from one of the leading auto companies in Northern California.
While the identity of the customer was not revealed by in Artificial Intelligence Technology Solutions, it was noted that the final user of the had earlier ordered as many as six units of ROSA 180 for the purpose of protecting its dealerships. It was a major development for in Artificial Intelligence Technology Solutions and might have come as a positive trigger for the stock. Investors could consider tracking the news with regards to the company over the coming days.